(Rs. Lakh)

U.K.

U.S.A.

(86)

(89)

ITEM

1998-99

1999-00

2000-01

1998-99

1999-00

2000-01

1

2

3

4

5

6

7

INCOME AND VALUE OF PRODUCTION

1.

Sales $

27,650,72

30,175,45

31,520,49

12,560,59

13,881,90

14,239,49

2.

Increase(+) or decrease (–) in stock

–125,14

230,79

–33,50

11,27

117,92

37,63

3.

Value of production (1+2)

27,525,58

30,406,24

31,486,99

12,571,86

13,999,82

14,277,12

4.

Other income

752,24

867,32

970,02

439,72

558,17

629,73

Of which,

(a)

Dividends

79,93

127,64

156,96

49,77

86,99

98,86

(b)

Interest

294,84

389,88

376,23

133,08

160,70

162,19

(c)

Rent

32,88

36,71

27,57

53,82

54,78

60,01

5.

Non-operating surplus(+) /deficit(–)

80,43

160,69

410,10

23,22

80,26

172,91

6.

TOTAL (3 + 4 + 5)

28,358,25

31,434,25

32,867,11

13,034,79

14,638,25

15,079,75

EXPENDITURE AND APPROPRIATIONS

7.

Raw materials, components, etc., consumed

13,944,29

15,462,01

14,870,54

5,951,37

6,548,53

6,556,49

8.

Stores and spares consumed

1,296,91

1,243,47

1,356,01

295,44

331,25

365,46

9.

Power and fuel

714,61

827,61

921,82

369,46

410,22

455,06

10.

Other manufacturing expenses

481,46

445,92

719,01

341,40

554,31

547,80

11.

Salaries, wages and bonus

1,934,93

2,150,96

2,326,49

1,022,69

1,192,50

1,378,22

12.

Provident fund

254,26

245,21

275,12

124,69

139,31

146,85

13.

Employees’ welfare expenses

304,78

310,00

396,77

207,63

235,96

258,92

14.

Managerial remuneration

36,87

44,12

81,98

20,05

29,52

33,56

15.

Royalty

46,19

53,52

54,55

31,42

46,13

52,75

16.

Repairs to buildings

70,63

82,24

77,20

46,70

60,04

45,22

17.

Repairs to machinery

162,41

182,50

183,60

121,48

116,05

150,73

18.

Bad debts

41,39

78,22

53,17

74,52

54,75

62,22

19.

Selling commission

133,03

155,27

195,20

85,06

86,63

87,57

20.

Rent

201,89

277,65

283,88

171,48

217,23

194,13

21.

Rates and taxes

202,80

231,22

226,14

68,02

80,72

91,40

22.

Advertisement

1,129,19

1,258,02

1,263,20

416,17

486,82

526,40

23.

Insurance

82,93

84,70

91,09

43,72

46,40

42,63

24.

Research and development

89,49

96,18

91,44

100,79

96,90

134,83

25.

Other expenses

2,685,14

2,911,67

3,149,93

1,373,67

1,377,55

1,500,05

26.

Depreciation provision

691,54

803,96

840,68

434,39

493,33

534,84

27.

Other provisions (other than tax and depreciation)

16,56

13,11

17,94

20,53

24,98

26,33

28.

Gross profits

3,756,54

4,316,00

4,981,25

1,690,88

1,928,84

1,715,38

29.

Less : Interest

772,46

776,34

633,12

429,99

437,49

402,49

30.

Operating profits

2,984,08

3,539,66

4,348,13

1,260,90

1,491,35

1,312,88

31.

Non-operating surplus(+)/deficit(–)

80,43

160,69

410,10

23,22

80,26

172,91

32.

Profits before tax

3,064,50

3,700,34

4,758,22

1,284,11

1,571,61

1,485,79

33.

Less : Tax provision

1,015,64

1,306,88

1,642,90

354,46

426,67

367,60

34.

Profits after tax

2,048,86

2,393,47

3,115,32

929,65

1,144,94

1,118,19

35.

Dividends

917,50

1,161,20

1,374,42

318,33

423,16

433,01

(a)

Ordinary

916,31

1,158,00

1,370,56

317,10

420,41

430,38

(b)

Preference

1,20

3,19

3,86

1,23

2,75

2,63

36.

Profits retained

1,131,36

1,232,27

1,740,91

611,32

721,78

685,18

37.

TOTAL (7 to 28 + 31)

28,358,25

31,434,25

32,867,11

13,034,79

14,638,25

15,079,75

(Rs. Lakh)

Germany

Switzerland

(55)

(23)

ITEM

1998-99

1999-00

2000-01

1998-99

1999-00

2000-01

1

8

9

10

11

12

13

INCOME AND VALUE OF PRODUCTION

1.

Sales $

12,412,17

13,453,08

13,986,83

2,266,91

2,340,92

2,430,59

2.

Increase(+) or decrease(–) in stock

124,33

16,08

148,60

30,80

–11,94

11,72

3.

Value of production (1+2)

12,536,50

13,469,16

14,135,44

2,297,71

2,328,98

2,442,31

4.

Other income

374,34

515,07

547,31

59,22

51,79

67,90

Of which,

(a)

Dividends

64,72

63,28

42,37

3,16

2,99

4,74

(b)

Interest

32,82

104,35

160,30

16,32

11,35

12,99

(c)

Rent

49,45

16,14

14,10

2,12

2,83

2,84

5.

Non-operating surplus(+)/deficit(–)

190,89

144,18

188,33

-2,90

3,33

4,08

6.

TOTAL (3 + 4 + 5)

13,101,73

14,128,41

14,871,08

2,354,03

2,384,09

2,514,28

EXPENDITURE AND APPROPRIATIONS

7.

Raw materials, components, etc., consumed

4,737,50

4,733,02

4,955,77

1,157,23

1,146,48

1,205,30

8.

Stores and spares consumed

1,310,46

1,155,74

1,182,97

73,95

71,44

88,09

9.

Power and fuel

155,76

747,33

806,51

133,94

153,98

187,91

10.

Other manufacturing expenses

1,342,37

1,258,19

1,349,76

17,17

4,94

2,41

11.

Salaries, wages and bonus

964,41

1,062,29

1,167,26

176,12

177,14

187,91

12.

Provident fund

106,73

113,21

119,67

15,82

20,01

16,63

13.

Employees’ welfare expenses

184,43

220,42

241,22

65,77

46,20

47,86

14.

Managerial remuneration

16,69

19,83

27,04

7,35

10,91

6,15

15.

Royalty

90,07

103,60

101,97

5,78

4,61

4,49

16.

Repairs to buildings

29,39

33,99

39,51

5,02

6,10

8,11

17.

Repairs to machinery

146,49

162,38

173,77

17,93

18,35

23,05

18.

Bad debts

30,52

29,46

52,66

12,43

11,55

14,41

19.

Selling commission

67,63

75,73

73,65

21,87

26,89

37,45

20.

Rent

146,77

152,20

150,88

24,59

18,74

17,30

21.

Rates and taxes

71,61

109,22

101,82

13,95

7,25

4,92

22.

Advertisement

109,84

129,71

125,38

12,49

22,81

20,95

23.

Insurance

67,70

70,36

67,12

12,09

8,56

9,30

24.

Research and development

53,75

51,56

63,91

21,78

15,34

10,89

25.

Other expenses

1,689,30

1,736,37

1,798,24

248,38

268,44

279,48

26.

Depreciation provision

630,37

667,40

694,41

89,50

94,52

99,01

27.

Other provisions

(other than tax and depreciation)

2,21

7,16

7,30

2,00

65

87

28.

Gross profits

956,85

1,345,05

1,381,92

221,77

245,86

237,71

29.

Less : Interest

391,94

608,46

624,80

83,37

95,75

100,83

30.

Operating profits

564,91

736,59

757,12

138,40

150,11

136,89

31.

Non-operating surplus(+)/deficit(–)

190,89

144,18

188,33

-2,90

3,33

4,08

32.

Profits before tax

755,80

880,77

945,45

135,50

153,43

140,96

33.

Less : Tax provision

198,63

230,15

224,82

44,89

52,96

47,45

34.

Profits after tax

557,17

650,62

720,63

90,61

100,47

93,51

35.

Dividends

238,66

311,83

343,21

37,93

42,91

36,19

(a)

Ordinary

238,66

311,83

343,21

37,93

42,91

36,19

(b)

Preference

—

—

—

—

—

—

36.

Profits retained

318,51

338,79

377,43

52,68

57,56

57,33

37.

TOTAL (7 to 28 + 31)

13,101,73

14,128,41

14,871,08

2,354,03

2,384,09

2,514,28

(Rs. Lakh)

Japan

France

(39)

(14)

ITEM

1998-99

1999-00

2000-01

1998-99

1999-00

2000-01

1

14

15

16

17

18

19

INCOME AND VA LUE OF PRODUCTION

1.

Sales $

3,372,84

4,248,77

4,612,56

787,46

858,37

876,51

2.

Increase(+) or decrease(–) in stock

218,99

–79,46

15,01

1,60

8,54

26,78

3.

Value of production (1+2)

3,591,83

4,169,31

4,627,57

789,06

866,91

903,29

4.

Other income

74,97

62,42

68,78

68,06

21,42

21,81

Of which ,

(a)

Dividends

5,45

10,47

9,55

73

73

52

(b)

Interest

24,75

23,50

16,94

6,89

6,33

6,16

(c)

Rent

23,48

6,47

7,15

2

1,48

1,54

5.

Non-operating surplus(+)/deficit(–)

5,11

26,30

10,04

–3,51

5,94

1,95

6.

TOTAL (3 + 4 + 5)

3,671,90

4,258,03

4,706,39

853,61

894,27

927,06

EXPENDITURE AND APPROPRIATIONS

7.

Raw materials, components, etc., consumed

2,011,53

2,411,62

2,815,18

360,31

400,98

393,17

8.

Stores and spares consumed

129,68

181,44

155,01

28,65

32,40

57,00

9.

Power and fuel

114,96

147,19

157,10

45,62

42,96

39,79

10.

Other manufacturing expenses

134,50

23,31

30,58

78

49

1,19

11.

Salaries, wages and bonus

200,31

231,07

248,34

103,12

103,38

114,48

12.

Provident fund

19,94

21,61

25,36

13,39

11,98

13,03

13.

Employees’ welfare expenses

43,47

44,70

51,35

78,82

26,44

17,62

14.

Managerial remuneration

10,27

10,74

9,85

2,97

3,29

3,27

15.

Royalty

25,00

30,12

32,18

3,54

2,78

2,71

16.

Repairs to buildings

7,38

10,63

8,19

4,61

4,55

4,34

17.

Repairs to machinery

21,17

23,53

28,45

4,16

4,89

5,74

18.

Bad debts

2,94

6,44

6,19

6,51

6,12

3,33

19.

Selling commission

10,04

14,20

11,33

1,01

1,12

2,33

20.

Rent

43,51

31,18

35,30

13,28

13,28

14,06

21.

Rates and taxes

8,27

10,86

10,77

3,24

1,96

2,26

22.

Advertisement

69,12

85,38

96,05

1,48

2,32

1,99

23.

Insurance

11,76

14,41

12,39

3,74

3,57

2,87

24.

Research and development

15,74

13,43

19,24

2,59

22

10

25.

Other expenses

282,84

367,43

361,34

105,19

101,93

119,01

26.

Depreciation provision

152,35

195,52

220,76

43,51

45,20

51,29

27.

Other provisions

(other than tax and depreciation)

3,63

2,18

6,35

2,18

7,51

88

28.

Gross profits

348,38

354,72

355,03

28,43

70,97

74,65

29.

Less : Interest

136,62

135,06

132,13

17,62

16,32

24,89

30.

Operating profits

211,76

219,66

222,90

10,81

54,65

49,76

31.

Non-operating surplus(+)/deficit(–)

5,11

26,30

10,04

–3,51

5,94

1,95

32.

Profits before tax

216,87

245,96

232,93

7,30

60,59

51,72

33.

Less : Tax provision

67,74

82,75

83,28

9,66

15,83

13,89

34.

Profits after tax

149,13

163,21

149,65

–2,36

44,76

37,83

35.

Dividends

49,03

57,82

55,83

8,36

14,99

12,05

(a)

Ordinary

49,03

54,14

52,50

8,36

14,99

12,05

(b)

Preference

—

3,67

3,33

—

—

—

36.

Profits retained

100,10

105,39

93,82

–10,72

29,77

25,79

37.

TOTAL (7 to 28 + 31)

3,671,90

4,258,03

4,706,39

853,61

894,27

927,06

(Rs. Lakh)

Netherlands

Mauritius

(31)

(29)

ITEM

1998-99

1999-00

2000-01

1998-99

1999-00

2000-01

1

20

21

22

23

24

25

INCOME AND VALUE OF PRODUCTION

1.

Sales $

5,319,14

5,624,23

5,223,75

2,154,66

2,382,96

2,684,23

2.

Increase(+) or decrease(–) in stock

43,89

–6,20

40,76

20,47

30,16

43,51

3.

Value of production (1+2)

5,363,04

5,618,03

5,264,51

2,175,13

2,413,12

2,727,74

4.

Other income

83,06

116,27

118,12

49,12

54,42

55,44

Of which,

(a)

Dividends

8,07

11,10

12,70

33

1,61

1,98

(b)

Interest

27,11

36,03

29,16

10,19

9,72

11,27

(c)

Rent

1,26

5,56

11,51

12,46

7,06

8,48

5.

Non-operating surplus(+)/deficit(–)

3,24

3,91

85,64

19,31

5,66

11,37

6.

TOTAL (3 + 4 + 5)

5,449,33

5,738,20

5,468,27

2,243,56

2,473,19

2,794,54

EXPENDITURE AND APPROPRIATIONS

7.

Raw materials, components, etc., consumed

3,207,09

3,365,27

3,060,03

1,020,09

1,076,09

1,229,66

8.

Stores and spares consumed

115,89

97,04

93,01

69,18

78,81

79,52

9.

Power and fuel

196,75

206,68

215,72

86,90

115,77

136,86

10.

Other manufacturing expenses

18,51

40,90

43,30

14,18

11,55

18,18

11.

Salaries, wages and bonus

446,70

481,79

503,61

110,04

130,98

151,23

12.

Provident fund

32,77

33,41

52,77

10,28

12,17

14,44

13.

Employees’ welfare expenses

100,62

99,45

112,56

17,58

21,75

29,51

14.

Managerial remuneration

4,60

6,74

6,54

5,94

8,21

11,88

15.

Royalty

8,59

7,76

7,52

1,06

99

65

16.

Repairs to buildings

13,47

17,03

16,04

2,60

6,31

2,91

17.

Repairs to machinery

36,11

30,69

26,90

18,58

29,54

33,03

18.

Bad debts

34,16

23,82

29,39

15,57

13,24

7,89

19.

Selling commission

17,73

15,08

12,07

17,79

21,33

23,26

20.

Rent

60,18

67,51

75,90

59,38

63,54

34,52

21.

Rates and taxes

24,83

33,42

32,51

3,70

6,71

5,51

22.

Advertisement

95,14

103,20

122,66

14,21

13,57

15,95

23.

Insurance

13,02

15,89

12,79

20,71

23,22

23,90

24.

Research and development

14,81

13,65

19,29

2,71

4,10

5,50

25.

Other expenses

495,36

510,33

524,64

276,70

310,91

358,83

26.

Depreciation provision

129,81

139,51

183,84

172,23

185,89

214,20

27.

Other provisions

(other than tax and depreciation)

4,02

7

2,10

48

16,69

7,31

28.

Gross profits

375,93

425,05

229,42

284,35

316,17

378,45

29.

Less : Interest

172,54

163,37

146,70

251,97

262,85

269,59

30.

Operating profits

203,39

261,68

82,73

32,37

53,31

108,86

31.

Non-operating surplus(+)/deficit(–)

3,24

3,91

85,64

19,31

5,66

11,37

32.

Profits before tax

206,63

265,58

168,37

51,68

58,97

120,23

33.

Less : Tax provision

81,63

104,11

86,03

11,23

17,16

27,07

34.

Profits after tax

125,00

161,48

82,34

40,45

41,82

93,16

35.

Dividends

50,22

78,39

74,42

44,30

44,12

51,38

(a)

Ordinary

50,22

78,39

74,42

44,30

42,48

49,06

(b)

Preference

—

—

—

—

1,64

2,33

36.

Profits retained

74,78

83,09

7,93

–3,85

–2,30

41,78

37.

TOTAL (7 to 28 + 31)

5,449,33

5,738,20

5,468,27

2,243,56

2,473,19

2,794,54

For footnotes, please refer to Statement 9.